Stocks break winning streak as oil rises amid strikes in the Middle East
PVH shares plunge on lowered revenue outlook tied to geopolitical tensions PVH is plunging in early trading following…
China-backed Wesizwe Platinum cuts 70% of workers at troubled South African mine
Wesizwe Platinum said its Bakubung mine in South Africa’s North West province will begin a restructuring process…
Volume of retail trade down by 0.4% in the euro area and by 0.5% in the EU – Euro indicators
Overview In April 2026, compared with March 2026, the seasonally adjusted retail trade volume decreased by 0.4% in…
Why are US consumers so angry? It’s not just high prices | US economy
American consumers are angry. Nearly 80% of Americans had a service or product problem in 2025, and about…
Bank of Japan expected to raise rates this month, sources say
By Leika Kihara TOKYO, June 4 (Reuters) – The Bank of Japan is expected to raise interest rates…
Africa’s gold giants set for windfall as bullion overtakes U.S. Treasuries in global reserves
According to a recent European Central Bank (ECB) report cited by the Financial Times, gold accounted for…
Saudi Arabia weathering regional economic storm, IMF says
RIYADH: Saudi Arabia’s economy is holding up well despite the disruption caused by the ongoing conflict in the…
Anand Mahindra meets Sergio Gor; discusses US investments, supply chains resilience
Anand Mahindra, Chairperson of M&M group met US Ambassador to India Sergio Gor on Thursday, wherein the two…
New global financial architecture needed to end trade surplus fixation: Piketty
An initiative designed to tackle inequality and climate change could benefit China by reinventing global financial and trade…
What are the main events for today?
EUROPEAN SESSION In the European session, the main highlight is the Swiss inflation data. The CPI Y/Y is…
Swiss inflation holds steadier in May, core estimate remains subdued
CPI +0.6% vs +0.8% y/y expectedPrior +0.6%Core CPI +0.3% y/yPrior +0.3% Swiss headline annual inflation holds steady at…
Report: Disruption of Mideast energy supplies into next year would slam global economy
FRANKFURT, Germany (AP) — Prolonged disruption of energy supplies from the Middle East due to the Iran war…